BGA’s Business Impact magazine: Aug-Oct 2021, Volume 09

BGA | BUSINESS IMPACT

members, but also to re-engage alumni who graduated several years ago. Membership in the MBS Network and the individual clubs is free of charge for all students and alumni, for life. A small fee is only charged for catered attendance-based events to cover the costs incurred and to keep the no-show rate low. These fees are also used to fund a partial MBS Network Scholarship for the full-time MBA at MBS, the awarding of which is decided autonomously by the network. While each individual club’s structure is generally the same, we don’t treat the clubs as ‘one size fits all’. Each club, for example, has nuanced objectives and points of focus that are adapted to the expectations and needs of its members, allowing alumni to benefit in many different ways. In the Startup Club, for example, members look for partners with which to found companies, startup financing or co-working spaces. In the Technology & IT Club, meanwhile, there was a recent opportunity to discuss

SAP’s industrial strategy with its President of Industries and Customer Advisory as well as to talk about open positions in their team, which were shared exclusively with club members.

The results: a success story within two years and real added value for its members

It became clear relatively quickly that the newly created MBS Network Clubs had met the needs of our students and alumni very precisely. After a little over two years, this is even clearer: In total, there are more than 4,000 members across the six clubs, and around 1,200 students and alumni are involved in at least one club. All clubs have more than 500 members and the average number of participants per event is higher than 50. The activity level is high. In the past six months, more than 80% of all members have participated in at least one network event. There are almost weekly events, meetings, get-togethers, not to mention direct exchange between club

MBS NETWORK CLUBS, MEMBERSHIP NUMBERS (as of April, 2021)

40

521

DIVERSITY

419

Women in Business Community

149

Pride@MBS Community

735

CONSULTING

650

MARKETING & SALES

809

TECHNOLOGY & IT

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191

Analytics Community

541

FINANCIALS

633

STARTUP

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